Market Analysis: Page 2

iVT Expo USA 2026 Set to Showcase Off-Highway Innovation

The iVT Off-Highway Vehicle Technology Expo gathers professionals involved in the development, deployment and adoption of off-highway vehicle technologies. Here's what the 2026 show will highlight in terms of global expertise, cutting-edge innovations and technical insights.

Three industrial electric motors displayed on illuminated white platforms at a trade show event with attendees in blue lighting

Daimler Truck North America to Build New US Manufacturing Facility

Daimler Truck North America LLC

DTNA plans to construct a greenfield manufacturing plant to expand production capacity for vocational and on-highway vehicles in the United States.

Industrial robotic welding arms assembling a vehicle chassis in a factory setting with overhead cranes and safety railings.

Cummins Announces Phased Model Year 2027 Engine Launch Plan

Cummins Inc. will implement a measured production ramp for its new HELM engine platforms to align with proposed EPA emissions regulations and support OEM production schedules.

INTERMAT 2027

AGCO Announces Executive Leadership Changes to Support PTx Growth Strategy

AGCO Corporation

AGCO Corp. has appointed Damon Audia as President of PTx & Corporate Strategy and Indira Agarwal as Chief Financial Officer to advance its precision agriculture and enterprise transformation initiatives.

Professional headshots of two business professionals smiling against black backgrounds

HCME Appoints Dr. Hubertus Muenster to Lead Integrated Construction and Mining Segments

Hitachi Construction Machinery Co. Ltd.

Hitachi Construction Machinery (Europe) NV has consolidated its construction and mining machinery leadership under Dr. Hubertus Muenster to streamline dealer collaboration and customer solutions across Europe and Africa.

Professional man in navy blazer standing in front of industrial LEX2000 machinery in warehouse setting

HydraForce and Elevāt Enable Remote OTA Updates for BODAS Controllers

HydraForce Inc.

Bosch Rexroth's HydraForce and IoT platform provider Elevāt have expanded the capabilities of the Connected Control Unit to allow remote software updates and diagnostics for off-highway equipment.

Connected vehicle telematics system diagram showing ECU module, sensors, wireless transmission tower, truck silhouette, and analytics dashboard with performance metrics.

Hydraulic Pumps

Alkon Corporation Names Rahul Deshmukh CEO

Alkon Corporation

Deshmukh brings over 20 years of industrial leadership experience to Alkon Corporation as he succeeds Mark L. Winter as CEO.

Equipment Market Outlook

Hitachi Construction Machinery and Yanmar Explore Compact Equipment Collaboration

Hitachi Construction Machinery Co. Ltd.

Hitachi Construction Machinery and Yanmar Holdings have signed a Letter of Intent to explore a partnership aimed at enhancing competitiveness in the global compact equipment market.

Hitachi, Landcros, and Yanmar corporate logos displayed vertically

Engineering & Manufacturing

Caterpillar Opens Engineering Design Center for Virtual Equipment Development

Caterpillar Inc.

The new 17,000-square-foot facility in Rapid City utilizes virtual reality and digital prototypes to accelerate development across electrification, autonomy and machine platforms.

Person wearing VR headset interacting with virtual reality display in industrial design center showroom

DEUTZ to Acquire Defense Vehicle Manufacturer FFG

DEUTZ Corporation

The acquisition marks a major diversification for the engine manufacturer, creating a new systems provider for military vehicles by combining its propulsion technology with FFG's vehicle platforms.

OEM Off-Highway Releases 2026 Engine Spec Guide

Yanmar Co. Ltd.

Check out hundreds of this year's most up-to-date engine specs for the on- and off-highway equipment markets, now live and available for interactive use online.

Engine Spec Guide 2026 promotional banner featuring detailed engine components and call-to-action button for new specifications

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